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Cryptocurrency experts name the most profitable cryptocurrencies of the week
The last week of August and the beginning of autumn were not marked by high volatility in the cryptocurrency market. As of the morning of September 4, according to CoinMArketCap, the global capitalization of the crypto industry is $ 1.04 trillion, up 0.12%. The total number of trading transactions per day exceeded $ 21.32 billion.
The leading digital coins traded in a relatively narrow range. For example, BTC $97,415.06 Bitcoin -1.01% Market capitalization $1.93 trillion VOL. 24 hours $2.47 billion dropped by 0.5% over the week, and ETH $3,351.46 Bridged Ether (StarkGate) 0.29% Market capitalization $0.29 billion VOL. 24 hours $2.23 billion - by 1%. However, some virtual assets managed to please their investors on a short-term basis. Toncoin (TON) and XDC Network (XDC) were recognized as the leaders in terms of profitability.
Thus, the TON rate has increased by 25.85% over the past 7 days. The digital asset could be purchased for $ 1.86, and the coin’s capitalization reached $ 6.39 billion. Over the past week, Toncoin (TON) has managed to outperform Polkadot (DOT), Polygon (MATIC), Litecoin (LTC), and Shiba Inu (SHIB). The capitalization of the virtual asset is $ 6.87 billion. During the week, bidders made deals with TON for $ 254.15 million. However, despite its strong growth performance, Toncoin is still trading 68% cheaper than its all-time high of $ 5.83.
As for XDC, its quotes increased by 15.74%, but they are still 28.6% lower than a month ago. The cryptocurrency was at the 43rd position in the top ranking, and it can be purchased for an average of $ 0.058. The total supply of assets on the market was fixed at $ 809.03 million. Weekly trading volumes amounted to $ 86.23 million.
Industry experts also noted the entry of SafePal (SFP) into the top 100. The crypto asset made its debut on the top list with a value of $ 287.22 million. The digital token’s price jumped by 10.15% over the past week to reach $ 0.57.